The Food Bank for Central & Northeast Missouri

Nonprofit profile at a glance

EIN
431238934
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Columbia, MO, USA
Phone
5734741020
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Banks, Pantries

Reported finances

Revenue
$55,444,186
Expenses
$55,150,990
Assets
$25,919,141
Liabilities
$2,154,899

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • LINDSAY YOUNG-LOPEZ (PRESIDENT & CEO)

Highest reported compensation

  • LINDSAY YOUNG-LOPEZ (PRESIDENT & CEO): $163,212 total reported compensation
  • HOLLY PURVIS (INTERIM CFO (8/1/24-3/31/25)): $75,308 total reported compensation
  • KAREN RENTSCHLER (CFO (THRU 7/31/24)): $64,502 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The food bank for central & northeast Missouri is a regional disaster and hunger relief network that acquires and distributes millions of meals each year to help neighbors get the food they need to thrive. (continued on schedule o)the organization empowers, educates and brings together resources to meet the immediate nutritional needs of the community and move toward a long-term vision of ending hunger. The food bank shares food at no cost with more than 145 food pantries, soup kitchens, shelters and other agencies as well as 200 schools across a 32-county service area to ensure food gets into the hands of those who need it most.

What it reported doing in 2024

The food bank for central and northeast Missouri, inc. Partners with 145 agencies in a 32-county service area helping to feed approximately 100,000 people per month. In addition, the food bank partners with nearly 200 schools through children's programs, which share food with kids and families on weekends and holidays through school markets and buddy packs. The food bank for central and northeast Missouri, inc. Owns and operates the food bank market, which serves people in need in boone county. Individuals can receive perishable and non-perishable food and household supplies once per month unless there are extenuating circumstances. In addition, fresh produce is available on a daily basis through our share room. The facility shares food with more than 11,000 neighbors each month of the year.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 83
  • Accountability: 95
  • Sustainability: 41
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.1%; rating input score 95
  • Program expense ratio: 95.5%; rating input score 96
  • Fundraising efficiency: $41.62 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.5%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 83; 83rd percentile among comparable filings

Growth

  • Program expense growth: -3.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 95.1% of revenue deployed · 95.5% of spending went to programs
  • Governance: 22 of 22 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $52.7M in reported program spending
  • Leadership: top reported pay $163K · 26 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $557K reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.